Kathmandu — Demonstrating swift action and reliability in crisis response, Shikhar Insurance Company has settled 218 insurance claims within just 17 working days, amounting to Rs 420.1 million, for losses caused during the Gen-Z protest on Ashoj 24. Despite...

Kathmandu — ICRA Nepal has reaffirmed the issuer rating of Liberty Micro Life Insurance Limited at ICRA NP-IR Double B Minus, reflecting continued confidence in the company’s ability to meet its financial obligations. The rating agency noted that Liberty...

New Delhi – The Government of India has initiated early discussions with local insurers to develop a nationwide climate-linked insurance program aimed at providing prompt financial assistance following extreme weather events, such as floods, heatwaves, and cyclones. The proposed...

Kathmandu — Nepal Rastra Bank (NRB) has approved Pakistan’s Habib Bank Limited (HBL) to sell its promoter shares in Himalayan Bank Limited to National Life Insurance Company Limited. According to Himalayan Bank, the central bank approved the transaction following...

Kathmandu — The Nepal Insurance Authority has reported that the total initial insurance claims filed following the Gen-Z protest, which began on Bhadra 23, have reached a staggering Rs 23.22 billion. As of Ashoj 23, a total of 3,099...

Kathmandu – Amrit Lamsal, Deputy Director General of the Customs Department, Tripureshwor, has been appointed as the Director of Nepal Reinsurance Company Limited (Nepal Re). According to the decision made by the Ministry of Finance at the Finance Minister...

Kathmandu — Nepal Reinsurance Company CEO Surendra Thapa, who had earlier announced his resignation, has returned to office, raising questions about ethics and professional integrity within the company. Thapa had reportedly announced his resignation during a board meeting on...

Kathmandu — Life often rewards those who refuse to give up, and Mitra Lal Neupane of Citizen Life Insurance stands as a shining example. His life story reflects how courage, determination, and consistent effort can turn challenges into milestones....

Kathmandu – The Koshi Province Office of the Nepal Insurance Authority has announced that it will conduct the insurance agent examination on Sunday, Ashoj 26 (October 12). The exam will be held from 3:00 PM to 4:30 PM. As...

Kathmandu – Prabhu Mahalaxmi Life Insurance Limited has announced the sale of 44,000 units of promoter shares owned by NRN Infrastructure and Development Limited. According to the company, the sale will be conducted in accordance with the directives of...